Clik here to view.
One man’s panic is another man’s opportunity
While scanning the latest performance of my stocks on my iPhone, I noticed a curious news article linked to Berkshire Hathaway. Apparently, CNN Money was granted tour of the Oracle of Omaha’s office. I...
View ArticleIs your net worth built to survive inflation?
Two big factors that can impact your net worth are taxes and inflation. In this posting, I want to discuss inflation. Essentially, the government pumps out a certain amount of money periodically. The...
View ArticleAnnual Wealth Building Review
It’s been a year since I started tracking my net worth. This started after I had made the big withdrawal on my 401K but before I purchased any real estate. It has been an exciting and tumultuous year!...
View ArticleClik here to view.
Cash flow vs. net worth
Cash flow is what we need to operate. Cash flow pays for food, rent/mortgage, gas, and everything else we need. As one person commented, “you can’t eat net worth”. And he’s right. In fact, his...
View ArticleClik here to view.
Filing taxes is now in progress
I’ve mentioned before how complicated taxes can become as your wealth building plan gets underway. When you enter the workforce and start punching the clock every day, you have what’s known as ordinary...
View ArticleClik here to view.
Financial math often isn’t straightforward
When you decide to pick up the gauntlet of investing for retirement and step away from passively throwing money into your company’s 401K plan, you may enter a perplexing world. Don’t be afraid! For...
View ArticleSo you want to build wealth? Look for multiplicative ways, not additive ones
“Another day, another dollar” — common expression This expression is commonly known by many. It represents a common, core feeling we get as members of the vast work force. We go to work, put in the...
View ArticleClik here to view.
What is happening to the stock market?
The stock market lately has gone CRAZY! So what’s happening? Well, I don’t have all the answers, but let’s look at some of what’s going on, and see what we can figure out. At the beginning of this...
View ArticleAnnual Wealth Building Review – 2014
Back in 2013, I conducted an annual review. I meant to do the same thing last year, but getting my latest book off the ground ate up my schedule, and I frankly forgot about it until now. To catch up, I...
View ArticleKeep tracking your net worth with a spreadsheet
I’ve written in the past about the virtues of tracking your net worth with a spreadsheet. If you take one thing away from reading this blog, it’s that you need to track your net worth with some...
View Article
